The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Paul Kern who wrote (9906)	8/7/2008 6:44:27 AM
From: RockyBalboa	Read Replies (1) of 71456

The EUR is down 550points from its traded high; so far it bounced about 60 up. I am looking for one cent to the upside. Raw materials and oil stabilised; stars align. (Long EUR at 1.54 and sumthin; stop, about 0.6 lower). Remark: the real risk is that the bloated EUR yen and swiss carry trade is faltering; this would take the EUR down a whole lot - 1.50 retest possible

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